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Brazilian central bank reports record household debt without citing betting

Regulation

Brazil’s central bank released its September Monetary Policy Report on 24 September, reporting household debt at 49.9% of income in January and debt-service commitments at 28.9% in June. The report attributed financial pressure to credit-market factors and did not mention betting, according to the article; central bank president Gabriel Galípolo said the institution would act against predatory credit offers.

The report's account of household debt differs from claims linking financial distress to betting.

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